From the wise people at PIMCO: After re-engaging policy support in February following an 18-month hiatus, the Reserve Bank of Australia (RBA) wrong-footed many in the market by keeping policy on hold in the two subsequent board meetings. So was February’s decision a “one-and-done” policy event or the start of a more aggressive easing cycle?
The post PIMCO says short Aussie with both hands appeared first on MacroBusiness.
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